Sorry! I don't really want to go through 100 pages of the official PACMIC thread to find this answer. Does anyone know the profitability of pacmic v4 contracts? Please answer, and please don't state that I could find this easier on another part of the forum as I know this!

Sorry! I don't really want to go through 100 pages of the official PACMIC thread to find this answer. Does anyone know the profitability of pacmic v4 contracts? Please answer, and please don't state that I could find this easier on another part of the forum as I know this!

Thank You:

Jack G

not a good deal they cost a lot 1th = 1btc

interest is poor 4.5 percent that descends downward.

I made good money on pacmic v3 and choose to spend 0 btc on pacmic v4

the worst problem of them is they can cancel the contract after 120 days + 10 or 130 days.

if prices don't profit. since they will not be paid off that quickly anytime after day 130 they could say fuck you and you agreed to it.

Please support sidehack with his new miner project Send to : 1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTrI mine alt coins with https://simplemining.net I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.

Sorry! I don't really want to go through 100 pages of the official PACMIC thread to find this answer. Does anyone know the profitability of pacmic v4 contracts? Please answer, and please don't state that I could find this easier on another part of the forum as I know this!

Thank You:

Jack G

not a good deal they cost a lot 1th = 1btc

interest is poor 4.5 percent that descends downward.

I made good money on pacmic v3 and choose to spend 0 btc on pacmic v4

the worst problem of them is they can cancel the contract after 120 days + 10 or 130 days.

if prices don't profit. since they will not be paid off that quickly anytime after day 130 they could say fuck you and you agreed to it.

First of all, thank you for the fast reply to my post with information that seems accurate. I think, with this new information, that I should look to getting antminer S5 or S7 TH/s contracts at the market section as I can get that, if I bid right, for under 1 btc! (In a few months)

To me the Pacmic seems like scheme for bitmain to get captial and return a minimal amount back then resell the hash on the market..and you still have to take risk with the investment. Buying hash on the market makes more sense but make sure you buy enough to claim a miner so if things completely tank you can claim the miner at redemption time and then sell it yourself. Im going to post some quick numbers ..

S5 on the market is the best deal at .000719 gh. So if you buy 1150 gh that will cost you $277 quoted $335 per BTC. Maintenance fee is about 46% at current difficulty, so you can earn in theory $90 per month and subtract the fee leaves you $48 per month. 277/48 is about 5.77 months to break even. Sometime when network difficulty rises too much and the S5 starts returning too low of a margin AND the market per gh for the S5 starts to drop too much you have to make the choice. Either sell hash and recover some of the initial investment or wait for hashnest to place the miner in recovery when you can claim it, then sell yourself. Either way your returns will be much better than pacmic and being able to claim a miner and sale it takes more of the risk out altho you will have to factor the whole shipping from china thing in. I would just sale my hash while it still has value and reinvest in the next level, repeat and so on.

The V3 contracts for me returned appx. 2.8% in a little under 90 days (I still have a few running, don't have final figures on those yet).Bitmain CLAIMED something like a 25% annual return on those, but the real return was closer to 12%, which wasn't bad.

The V4 contracts are CLAIMED to be 12% or something like that, actual number crunching shows more like a 6-7% return IF THE HALFING DOESN'T KILL THEM OUTRIGHT PREMATURELY (and right now, it looks like the halfing WILL kill them given recent diff increase trends). I strongly suggest IGNORE THE BLOODY V4 CONTRACTS, way too high a risk of LOSING money and very poor return.

Right now, it looks like the BW.COM B-Twelve contracts are the best option of that type.

The V3 contracts for me returned appx. 2.8% in a little under 90 days (I still have a few running, don't have final figures on those yet).Bitmain CLAIMED something like a 25% annual return on those, but the real return was closer to 12%, which wasn't bad.

The V4 contracts are CLAIMED to be 12% or something like that, actual number crunching shows more like a 6-7% return IF THE HALFING DOESN'T KILL THEM OUTRIGHT PREMATURELY (and right now, it looks like the halfing WILL kill them given recent diff increase trends). I strongly suggest IGNORE THE BLOODY V4 CONTRACTS, way too high a risk of LOSING money and very poor return.

Right now, it looks like the BW.COM B-Twelve contracts are the best option of that type.

I did not look into BW.com B-Twelve contracts but like QuintLeo I did own the pacmic v3 and earned about 3% in 3 months or 12% in a year projected.My contracts all ended in about 84-90days.

I now own more then 6000gh in s-7 as hash. On hashnest

Please support sidehack with his new miner project Send to : 1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTrI mine alt coins with https://simplemining.net I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.